The much-anticipated deal for Comcast (NASDAQ:CMCSA) to take control of the NBC Universal division of GE (NYSE:GE) may die next week . Vivendi, which owns 20% of NBCU, believes that the entertainment and news company is worth much more than GE does.
According to the FT, “General Electric and Vivendi are at least $1bn apart in their valuation of the French group’s stake.”
It will be a challenge for GE to operate a business that it clearly wants to sell. Read More
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